News Centre

Finansinspektionen (FI) - Swedish Financial Supervisory Authority - New Proposal For An Amortization Requirement

Date 18/12/2015

FI today sends out a proposal which requires amortization of mortgages. The proposal is that new mortgage holders must pay their mortgages down to a 50 per cent loan-to value ratio. Starting on 1 June 2016, the amortization requirement will apply to all new loans which are collateralized by a home.

Statement Of CFTC Commissioner J. Christopher Giancarlo Regarding Final Rule On Records Of Commodity Interest And Related Cash Or Forward Transactions

Date 18/12/2015

I am pleased to support this final rule that revises Rule 1.35. In the end, after numerous iterations, several comment periods, significant legislative interest from Congress, and months of negotiating, the Commodity Futures Trading Commission (CFTC or Commission) thankfully listened to the concerns of market participants. I am appreciative of the CFTC staff’s diligent work over the past few months to make key revisions to this rule. Fixing this regulation was one of the first issues that I raised with my fellow Commissioners upon my arrival at the CFTC. I believe we have now produced a more workable rule that will not impose needless regulatory costs on America’s agricultural producers, grain elevator operators or energy producers, to name a few.

Qatar Stock Exchange: National Day Holiday

Date 18/12/2015

Qatar Stock Exchange hereby informs you as follows: On the occasion of Qatar National Day, Sunday 20 December 2015 will be an official holiday. The market will resume trading on Monday 21 December 2015.

Statement Of Support Of CFTC Chairman Timothy Massad Final Rule On Records Of Commodity Interest And Related Cash Or Forward Transactions

Date 18/12/2015

Today, the Commission is adopting significant changes to a rule that will reduce recordkeeping obligations for commercial end-users. The changes ensure that the rule strikes an appropriate balance between the costs of recordkeeping and the benefits to market oversight. This will help ensure that businesses as well as farmers and ranchers that depend on the derivatives markets are able to continue using them effectively and efficiently.

Risk Parameters On The Moscow Exchange During New Year/Christmas Public Holidays

Date 18/12/2015

Due to New Year break in Russia from December 31, 2015 till January 10, 2016 NCC Clearing Bank is increasing the risk parameters.

CFTC Orders JPMorgan Chase Bank, N.A. To Pay $100 Million For Failure To Disclose Conflicts Of Interest

Date 18/12/2015

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against JPMorgan Chase Bank, N.A.(JPMCB). The Order finds that JPMCB failed to disclose certain conflicts of interest to clients of its U.S.-based wealth management business, J.P. Morgan Private Bank. Specifically, JPMCB failed to fully disclose its preference for investing its client funds in certain commodity pools or exempt pools, namely hedge funds and mutual funds managed and operated by an affiliate and subsidiary of JP Morgan Chase & Co. (Proprietary Funds). JPMCB also failed to disclose its preference for investing its clients’ funds in third-party-managed hedge funds, each a commodity pool or exempt pool, that shared management and/or performance fees with a JPMCB affiliate. JPMorgan has admitted to facts set forth in the Order and acknowledged that its conduct violated the Commodity Exchange Act and/or related Regulations.

EBA Issues Advice On Synthetic Securitisation For SMEs

Date 18/12/2015

The European Banking Authority (EBA) published today a report summarising the findings of its analysis and market practice assessment of the synthetic securitisation market. The EBA supports the limited extension of the prudential treatment granted to simple, standardised and transparent securitisations (STS) to banks that originate and retain certain SME balance sheet synthetic securitisation positions, as in the Commission's legislative proposal on securitisation. The EBA advises on the criteria that should determine eligibility of balance sheet synthetic transactions, specifying, among others, under which conditions originator banks may transfer the risk of eligible transactions to public or private investors.   

TOM MTF Statistics Week 51, 2015

Date 18/12/2015

Click here to download the weekly statistics update of TOM MTF for week 51, 2015. 

UBS MTF Market Notice - Trading Holidays

Date 18/12/2015

This market notice is to inform you that UBS MTF will be closed on the following days during the Christmas period:

• Friday, 25th December 2015
• Friday, 1st January 2016

EBA: Consultation On The Guidelines On Stress Testing And Supervisory Stress Testing

Date 18/12/2015

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on stress testing. These Guidelines set out expectations for institutions’ stress testing programmes and seek improvements by drawing on lessons from previous stress test exercises. In addition, they aim at promoting convergence of the use of stress testing in the context of the supervisory review and evaluation process (SREP). The consultation runs until 18 March 2016.